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Bac Capital Advisors

InstitutionalAsset manager

Seattle, WACRD 116816Updated

Bac Capital Advisors is an investment adviser based in Seattle, WA, registered with the SEC since 2002. It provides investment management. Its clients include pension and profit-sharing plans, high-net-worth individuals, and individual clients. Its regulatory assets under management total $301 million, as filed on 5 August 2026.

38
Clients
Not reported
AUM per individual client
3
Advisory staff
1
Offices

From Form ADV filed 5 August 2026SEC record

Services and clients

Bac Capital Advisors provides portfolio management for individuals and small businesses.

Bac Capital Advisors reports 38 clients. They include 35 pension and profit-sharing plans, 2 high-net-worth individuals, and 1 individual client. Of its assets, 80.2% ($242M across 37 accounts) are managed with discretion; $59.7M across 4 accounts are not.

Clients and assets by client type
Clients38 clients
Assets$301M
Share of clients and assets by client type
Client typeClientsAssets
Individuals (other than HNW)3%<1%
High-net-worth individuals5%1%
Pension and profit-sharing plans92%99%
Client breakdown and activity details
Individuals (other than HNW)
Clients
Fewer than 5
Regulatory AUM
$92.5K
AUM share
0.0%
Avg. per client
$92.5K
High-net-worth individuals
Clients
Fewer than 5
Regulatory AUM
$3.98M
AUM share
1.3%
Avg. per client
$1.99M
Pension and profit-sharing plans
Clients
35
Regulatory AUM
$297M
AUM share
98.6%
Avg. per client
$8.49M

Total

Clients
38
Regulatory AUM
$301M
AUM share
100%
Avg. per client
—
Clients outside the U.S.
0%
Clients advised without assets under management last fiscal year
0
Private funds advised
0
Financial planning clients last fiscal year
0

Fees and minimums

Bac Capital Advisors is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.

Ownership and people

Timothy Hill owns 75% or more of Bac Capital Advisors. It has 3 employees.

Leadership

  • Timothy Hill
    CCO

Investment adviser representatives

2 representatives listed in the SEC register as of 9 October 2026.

  • Timothy Charles Hill
  • Patrick Lawrence Hopps

Staff

  • 3 employees
  • 3 in advisory functions
  • 2 state-registered reps
  • 1 insurance agent
Who owns the firm
Bac Capital Advisors LLC· the adviser
  • Timothy Hill

    Control person · since July 2017

    Owns 75% or more of Bac Capital Advisors LLC
  • Timothy Charles Hill

    Control person · since January 2001

    Owns 75% or more of Bac Capital Advisors LLC

Growth and acquisitions

Bac Capital Advisors’ regulatory assets grew from $255M (March 2021) to $301M (August 2026); clients fell from 41 to 38 and employees were 3 in both filings.

By annual filing
Measure
Figures from each annual filing
Bac Capital Advisors figures from each annual Form ADV filing
FiledRegulatory AUMClientsEmployeesOffices
August 2026$301M3831
March 2025$297M3831
March 2024$288M3831
March 2023$245M3831
April 2022$288M3831
March 2021$255M4131

Offices and registration details

Besides its headquarters, Bac Capital Advisors has 0 offices, with 1 listed address in Washington.

Listed office addresses in Washington
Seattle

Washington · 1 listed address

  • 601 Union St., Suite 1450, SeattleHQ

Contact and registration details

Legal name
Bac Capital Advisors LLC
Headquarters
601 Union St., Suite 1450, Seattle, WA 98101
SEC file
801-60832
Structure
Washington LLC
Fiscal year end
December

Custodians

Bac Capital Advisors uses Charles Schwab ($283M, 94%) and John Hancock ($18.4M, 6%) as custodians for its separately managed accounts. Bac Capital Advisors has custody of client assets.

Reported separately managed account assets by custodian
$301M
named custodians
  • Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $283M94%
  • John HancockJohn Hancock · Boston, MA · $18.4M6%

Investments and reported holdings

At year end, Bac Capital Advisors’ separately managed accounts were mostly in funds (100%).

What the accounts hold

Separately managed account assets by class, year end
  • Funds100%

Common questions

How many clients does Bac Capital Advisors have?

Bac Capital Advisors has 38 clients and manages $301 million for them, as of August 2026. They include 35 pension and profit-sharing plans, 2 high-net-worth individuals, and 1 individual client.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 August 2026

What services does Bac Capital Advisors offer?

Bac Capital Advisors provides portfolio management for individuals and small businesses.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Bac Capital Advisors use?

Bac Capital Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $283M and John Hancock (Boston, MA), with $18.4M. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 August 2026

How many financial advisors does Bac Capital Advisors have?

Bac Capital Advisors has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Bac Capital Advisors invest in?

At the end of its last fiscal year, Bac Capital Advisors’ separately managed accounts held 100% registered funds (mutual funds, ETFs, BDCs).

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Bac Capital Advisors?

Bac Capital Advisors’ direct owners are Timothy Hill (75% or more) and Timothy Charles Hill (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 5 August 2026

How does Bac Capital Advisors get paid?

Bac Capital Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

How do I contact Bac Capital Advisors?

Bac Capital Advisors’ main office is at 601 Union St., Suite 1450, Seattle, WA 98101. Its phone number is 206-625-1800. Its website is firsthilltrust.com.

Source: Form ADV Part 1A, Item 1.F, filed 5 August 2026

Sources and methodology

  1. Form ADV Part 1A, amendment filed 5 August 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 116816.
  3. SEC registered adviser data, annual Form ADV amendments filed 24 March 2021 to 5 August 2026. Items 1.F and 5.
  4. SEC investment adviser representative register, as of 9 October 2026; loaded 10 October 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since. Disciplinary history is not yet shown here. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one.

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